BMW could move more of its crossover production to China since the tariffs between the United States and China are expected to dent the BMW’s 2018 earnings by 300 million euro, Chief Financial Officer Nicolas Peter…
Chinese real estate developers are getting creative these days. After years of continuous growth, the real estate market in China has started to show signs of slowing down, so developers are looking for a way…
The electric car market is rapidly expanding worldwide, with many automakers preparing an electric offensive in the next few years. BMW is one of the automakers with an aggressive plan to electrify most of their…
Today, BMW said it will raise the prices of the X5 and X6 models made for China to cope with the additional cost of tariffs on U.S. car import. BMW said in a statement to Reuters…
The proposed Chinese 25 percent tariff on imported U.S.-made models could force the German automaker to raise prices on its SUVs built in Spartanburg, South Carolina. BMW said in a statement it is “currently calculating related…
China will cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market. Import tariffs will be cut to 15 percent from 25 percent for most vehicles from…
After being announced a few months ago, BMW finally took the metaphorical veils off its latest, brand new research and development center in Beijing. This new 17,000 sq. meters facility will be used by researchers…
BMW is discussions with Great Wall for a joint venture to build electric MINIs in China, in addition to production of MINI’s first full-electric car due to come off the line next year at its…
BMW has committed to further expanding its charging networks in the world’s largest auto market 0 China. By the end of this year, BMW plans to install more than 80,000 public charging poles in more…
Before Li Shufu rose to become the largest single shareholder at Mercedes-Benz through the acquisition of almost 10 percent of Daimler’s shares, the billionaire was apparently also in talks with the BMW Group. As…
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